Uludağ Üniversitesi Fen-Edebiyat Fakültesi Sosyal Bilimler Dergisi

2564-6834

Bursa Uludağ University

10.21550/sosbilder.319457

Business Administration

İşletme

Impact of Corporate Social Responsibility on Firm’s Performance: The Case of Turkey

KURUMSAL SOSYAL SORUMLULUĞUN FİRMA PERFORMANSINA ETKİSİ: TÜRKİYE ÖRNEĞİ

Alper

Değer

ULUDAĞ ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ Aydoğan

Ebru

ULUDAĞ ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ

01 31 2018

19 34 185 214 06 06 2017 09 29 2017

1999

Uludağ University Faculty of Arts and Sciences Journal of Social Sciences

The objective of this study is toexamine whether there is a relationship between the performances and corporatesocial responsibility levels of companies traded in BIST Corporate GovernanceIndex between 2007 and 2015 in Turkey, which is an emerging market. Differentfrom the previous studies conducted in Turkey, the analysis is conducted with adynamic method, the System Generalized Moments Method (system GMM). Dependentvariable in the study is the company performance and as company performanceindicator accounting-based ROA and market-based Tobin’s Q ratios, as theindependent variable corporate social responsibility scores are utilized.Control variables, are determined as company size and financial leverage.Analysis results demonstrated that there is a positive and statisticallysignificant relationship between corporate social responsibility scores andaccounting-based ROA and market-based Tobin’s Q ratios.

Bu çalışmanın amacı gelişmekte olan bir ülke konumundaki Türkiye’de,2007-2015 yılları arasında BIST Kurumsal Yönetim Endeksi’nde işlem görenfirmaların finansal performansları ile kurumsal sosyal sorumluluk düzeyleriarasındaki ilişkiyi analiz etmektir. Çalışmada,Türkiye’de yapılan diğer çalışmalardan farklı olarak dinamik bir metot olanSistem Genelleştirilmiş Momentler Metodu (sistem GMM) kullanılmıştır. Çalışmada bağımlı değişken olarak muhasebe temelli ROA vepiyasa temelli Tobin’s Q olmak üzere iki oran, bağımsız değişken firmalarınkurumsal sosyal sorumluluk notları kullanılmıştır. Ayrıca finansal kaldıraç vefirma büyüklüğü kullanılan araç değişkenlerdir. Analiz sonucunda, firmaların KSS düzeyleri ile iki performans göstergesiarasında da istatistiksel olarak pozitif ve anlamlı bir ilişki olduğu sonucunaulaşılmıştır.

Kurumsal Sosyal Sorumluluk Firma Performansı Kurumsal Sosyal Sorumluluk Endeksi Dinamik Panel Veri Analizi Sistem GMM

Corporate Social Responsibility Firm Performance Corporate Social Responsibility Index Dynamic Panel Data Analysis System GMM

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